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Altech Advanced Materials AG Revises Forecast to EUR 2.5-3 Million Net Loss for 2025

Altech Advanced Materials AG has updated its financial forecast for 2025, predicting a net loss between EUR 2.5 million and EUR 3 million. Initially, the company had anticipated a smaller loss, ranging from EUR 400,000 to EUR 1 million. This revision follows a strategic decision made during the recent Annual General Meeting to divest its stakes in Altech Industries GmbH and Altech Energy Holdings GmbH for Silumina Anodes and CERENERGY projects, respectively.

The divestment involves exchanging these holdings for a 21% stake in Altech Batteries Ltd, valued at EUR 9.8 million on the Australian Stock Exchange. The book value of the transferred assets is approximately EUR 11.7 million, resulting in a book loss of EUR 1.9 million. This is a significant factor contributing to the revised financial outlook.

R. H.

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